Sales invoicing and receivables · Guide 77 of 624
How selling affects your books
Each step of a sale in RockifyERP has a clear effect on your accounts.
What you need to know
- Quotation and sales order: no accounting entry. They are commitments, not transactions.
- Delivery note: with perpetual inventory, moves the cost of goods from stock to cost of goods sold.
- Sales invoice: debits the customer (receivable), credits sales income and VAT payable.
- Payment entry: debits bank, cash or mobile money and clears the customer’s balance.
Tip: Open any submitted document and use View › Accounting Ledger to see its entries.
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